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“If there were not any kind of concerns on the liquidity being tightened, then it is probably a good entry point and when we got down to 15,000, we became a lot more constructive. That is the range I would be more comfortable with but at the moment it is a tradable rally but I do not think central banks are going to stop increasing rates at the moment.”

All crypto tokens were trading with cuts on Tuesday. Dogecoin plunged 7 per cent, whereas Solana and XRP dropped 6 per cent each. Shiba Inu and Polkadot declined 5 per cent each, whereas Cardano tanked 4 per cent.

“We think the IT recovery will start by December or January this year in terms of the numbers. We might want to pick them up in advance around now. We think the IT index is a good place to be as well. Meanwhile, we have picked up two-wheeler direct automakers and some auto ancillaries. We have also bought some in the oil and gas space.”

PI Industries Ltd., incorporated in the year 1946, is a Large Cap company (having a market cap of Rs 39611.32 Crore) operating in Pesticides/Agro Chemicals sector.

Post completion of the deal, Cipla’s total stake in GoApptiv will increase to 22.02% on a fully diluted basis. The investment will be made in equity shares and compulsorily convertible preference shares and is likely to be completed within 30 days or such other date mutually agreed between the parties subject to fulfillment of necessary closing conditions, Cipla said in a statement.

The market regulator, in its letter to Aurobindo Pharma dated June 24, said the company had disclosed very limited and restricted information related to the inspection. The only fact disclosed by the company was that a warning letter was received from USFDA.

"The plummeting profitability of mining forced these miners to increase their selling rate to more than 100% of their output in May. The conditions have worsened in June, meaning they are likely selling even more," said Arcane analyst Jaran Mellerud.

Tata Steel, Britannia Industries, Devyani International, Bank of Maharashtra, Sundaram Clayton, Elecon Engineering Company, Bliss GVS Pharma, Rane Brake Lining, Artson Engineering, Rane Engine Valve and Morarka Finance have their annual general meetings (AGMs) today. Meanwhile, Scanpoint Geomatics will have an EGM today.

What started this year in crypto markets as a “risk-off” bout of selling fueled by a Federal Reserve suddenly determined to rein in excesses has exposed a web of interconnectedness that looks a little like the tangle of derivatives that brought down the global financial system in 2008.

Stocks that were in focus included names like Route Mobile which rallied more than 8 per cent, Timken India which was up nearly 4 per cent, and Ambuja Cements which closed with gains of over a per cent on Monday.